Warehouses for Rent in Philadelphia: View Rates & Lease Quickly

Need warehouse space in Philly? Here’s what it costs, what impacts the price, and where to find the right fit.

Why Companies Lease Warehouse Space in Philadelphia

Leasing works for one reason: it’s faster, cheaper, and more flexible than owning. Here’s what that looks like in practice:

• You’re up and running fast—no long lead times, no real estate headaches.
• You keep more cash available—no down payment, no property taxes, no surprise repairs.
• You can adjust as you grow—shorter terms, easier exits, and space that scales with your operations.

What It Costs to Lease Warehouse Space in Philadelphia

Warehouse lease rates in Philadelphia typically range from $6.50 to $10.50 per square foot per year.

What that looks like:

• Under 10,000 sq ft → $9.00–$10.50
• 10,000–50,000 sq ft → $7.00–$9.00
• 50,000+ sq ft → $6.50–$7.50

Short leases or specialized spaces (like cold storage) usually cost more per square foot. Larger footprints with fewer bells and whistles rent for less per square foot.

That Impacts Your Price

Warehouse space isn’t one-size-fits-all. Your rate will depend on:

• Building age and condition: Newer or recently upgraded spaces cost more but come with fewer headaches.
• Features: Think dock doors, clear height, refrigeration, fenced yards—each one adds to the price.
• Lease length: Month-to-month rates are higher. Three- to five-year leases usually come with better terms.
• Location: Space in or near the city often costs more than suburban or outer markets.

Where Companies Are Leasing in the Philadelphia Area

These submarkets offer the most activity and best options for leasing:

• Northeast Philadelphia: Close-in access, good for e-commerce and last-mile. Mix of older stock and smaller buildings.
• Lehigh Valley / Allentown: Lower rates, larger warehouses. Often used for bulk storage or regional distribution.
• Southwest Philly (near airport): Logistics-heavy area with mid- to large-sized buildings. Good for frequent inbound/outbound needs.
• Bucks County (Bristol, Bensalem): Less expensive than the city, with steady inventory for mid-sized users.
• Delaware County (Chester, Upper Darby): Functional space, often used by contractors, regional trades, or light manufacturing.

Why Leasing Makes More Sense for Most Businesses

Owning warehouse space locks you in. Leasing lets you stay focused on operations, not managing a building. No long-term commitments. No surprise maintenance costs. Just the right space, for the time you need it.

Start Your Search Now

Need 8,000 square feet? Need 80,000? Either way, we’ll show you the right options and get you in fast. Reach out to our team today to get a shortlist based on your size, location, and timeline.

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